Economics can be thought of as the study and understanding of the contexts in which an enterprise operates. A stable, safe and predictable environment where we are able to confidently forecast a future is critical for companies to flourish. This is the realm of economic policy. The Study of economics provides us an analytical sense so we can explain what is going on and make rational predictions about the near future. Economics can be separated into three fields: Macro, Micro, and managerial, each with different emphasis and focus. We will explore all three.